PZ CUSSONS PLC Appointment of Deloitte LLP as Auditor (3896A)
March 24 2017 - 3:00AM
UK Regulatory
TIDMPZC
RNS Number : 3896A
PZ CUSSONS PLC
24 March 2017
24 March 2017
PZ CUSSONS PLC
Appointment of Deloitte LLP as Auditor
PZ Cussons plc ("PZ Cussons" or the "Company") today announced
that the Board has approved the proposed appointment of Deloitte
LLP as external auditor for the financial year commencing 1 June
2017. This follows the conclusion of a competitive tender process
led by the Audit & Risk Committee. The appointment of Deloitte
is subject to shareholder approval at the Annual General Meeting to
be held in September 2017.
PwC, the Company's present external auditor, will continue to
undertake the audit for the current financial year.
The Board extends its thanks to PwC for the support and services
which it has provided over the course of its appointment.
- Ends -
For further information contact:
PZ Cussons Plc
Brandon Leigh - Chief Financial
Officer 0161 435 1016
Instinctif Partners
Tim Linacre 020 7457 2020
Notes to editors:
PZ Cussons Plc is listed on the London Stock Exchange with a
market capitalisation of c. GBP1.4bn. The Group operates across
Europe, Asia-Pacific and Africa with leading brands in Personal
Care, Homecare, Electrical Goods and Food and Nutrition.
In the 2016 Annual Report, the Company announced its intention
to launch a competitive audit tender process during the year ending
31 May 2017. Annual appointment of external auditors by AGM is
required under UK law. UK and EU law now requires an auditor's
maximum period as auditor to a listed company to be 20 years, with
a competitive tender process required at least once every 10
years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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